Otero County Real Estate Search

Otero County Homes between $400,000 and $500,000 for Sale

Our website features the best real estate search for homes between $400,000 and $500,000 available in Otero County and surrounding areas. It is the only site you will ever need! It is easy-to-use and updated by the official REALTOR®’s database every 15 minutes. 

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Newest Otero County Homes between $400,000 and $500,000 for Sale

$440,000
3 Beds 2 Baths 172907 MLS
Rarely does a property like this become available! Situated on 2.5 horse-friendly acres, this beautifully updated 3-bedroom, 2-bath home offers the perfect combination of modern upgrades, functional living, and exceptional outdoor amenities. Complete with a private 384 sq ft mother-in-law suite, horse facilities, paid-off solar panels, and extensive improvements throughout, this is a rare opportunity you won’t want to miss. Step inside to discover a home that is truly move-in ready. Recent updates include fresh interior paint, updated trim, brand-new carpet (June 2026), newer windows throughout, new ceiling fans, and a professionally cleaned interior. The inviting living room features a cozy fireplace, while the kitchen offers a brand-new, never-used dishwasher. The stove, refrigerator, and microwave all convey, making this home ready for its new owners. Gas forced-air heating and refrigerated air provide year-round comfort. Storage is plentiful with walk-in closets in the bedrooms, two spacious hallway closets, and an additional kitchen storage closet. Both bathrooms feature durable tile flooring for easy maintenance. Outdoor living is just as impressive, with a covered front porch that spans the entire length of the home and a covered back patio complete with new ceiling fans and lighting perfect for relaxing or entertaining. Designed with horse owners in mind, the property is zoned for horses and features multiple pipe-fenced areas, a 3-stall stable with electricity, an attached well house, and an additional storage shed ideal for hay, feed, or equipment. An automatic sprinkler system services both the front and back yards. The private 384 sq ft mother-in-law suite has also been freshly painted and features new carpet, its own full bathroom with tile flooring, heating, an attached garage, and a separate septic system, making it ideal for extended family, guests, a home office, or additional living space. Additional value comes from the property’s newer metal roofs on the main home, the mother-in-law suite, the 3-stall stable, and the storage shed. Paid-off solar panels, a private well, and septic provide added efficiency and long-term savings. Offering quality updates, energy-efficient features, outstanding horse amenities, and a versatile floor plan, this exceptional property delivers a lifestyle that’s becoming increasingly difficult to find.

6 Camino Del Sur, Alamogordo

$425,000
4 Beds 3 Baths 172904 MLS
Exceptional Investment Opportunity with Two Separate Residences! Discover the endless possibilities this versatile mountain property has to offer. Featuring two separate homes, the property includes a beautifully updated 1,394 sq. ft. main residence and a charming 744 sq. ft. A-frame cabin, making it ideal for investors, multi-generational living, or those seeking rental income. The main home has been a successful vacation rental for the past five years and offers numerous recent updates. Inside, you'll find soaring vaulted ceilings, an abundance of natural light from the many windows, and an inviting, open feel. Enjoy relaxing or entertaining on the expansive deck, or take in the fresh mountain air from the private balcony off the upstairs room. Perched above the main home, the cozy A-frame features 2 bedrooms and 1 bathroom, providing a perfect space for long-term tenants, vacation guests, extended family, or a private guest retreat. Additional features include a carport, a covered walkway connecting the two homes, and a generous storage area beneath the main residence. Whether you're looking to continue operating successful vacation rentals, generate long-term rental income, live in one home while renting the other, or create the perfect mountain getaway, this property offers exceptional flexibility and income potential. Schedule your private showing today and experience all the opportunities this one-of-a-kind property has to offer! Schedule your showing today!

802 Chautauqua Canyon Blvd Unit Unit A, Cloudcroft

$425,000
3 Beds 3 Baths 172844 MLS
Discover this Tularosa, NM retreat that features space, comfort, and convenience with this beautifully designed home situated on 5 acres in a prime location. With horses allowed plenty of room for RV parking, and a three-vehicle carport, this property offers the flexibility to enjoy a rural lifestyle without sacrificing modern amenities. Inside, the thoughtfully designed open floor plan seamlessly connects the living, dining, and kitchen areas, creating an ideal space for any property owner. The well-equipped kitchen is a cook's delight, featuring a built-in oven, microwave, cooktop, abundant cabinetry, and an impressive number of oversized storage drawers to keep everything organized. The spacious primary suite is complete with a large walk-in closet and an ensuite bathroom featuring a luxurious 6-foot soaking tub and separate walk-in shower. Two additional bedrooms and two more full bathrooms provide comfortable accommodations for family and guests. Practical features throughout the home include durable stained concrete flooring with no carpet, making maintenance simple while helping keep the home cooler during the summer months. All interior doors measure 36 inches wide, offering enhanced accessibility. Refrigerated central air and heat provide year-round comfort, and the roof was replaced approximately three years ago. Designed in a U-shaped layout, the home embraces a private backyard courtyard featuring a covered patio, fenced grassy area, and panoramic views that create an inviting setting for relaxing, entertaining, or enjoying New Mexico's beautiful sunsets. The impressive 20' x 40' shop with electricity offers outstanding space for hobbies, projects, storage, or equipment. Connected to the Village of Tularosa water and sewer systems, this property combines the convenience of town utilities with the freedom of country living. If you've been searching for acreage, room for horses, recreational vehicles, a spacious workshop, and comfortable indoor and outdoor living, this property is ready to welcome you home.

49 Radio Rd, Tularosa

$409,000
5 Beds 3 Baths 172817 MLS
Turn-Key Mountain Retreat with Proven Airbnb Income Established 5-star short-term rental with strong income history—being sold mostly furnished and ready to continue operating from day one. Located just 7 miles from Cloudcroft in the Sacramento Mountains, this spacious 5-bedroom, 3-bath home sits on a private 0.89-acre lot offering mountain views, privacy, and year-round wildlife sightings. Designed for comfort and gathering, the home features two living areas, a large kitchen and dining space, and a flexible bonus room ideal for additional sleeping space, office use, or recreation. A cozy pellet stove creates a warm mountain atmosphere, while large windows throughout bring in natural light and scenic forest views. The layout includes five generously sized bedrooms and three full bathrooms, making it ideal for large groups, vacation use, or continued short-term rental operation. Outdoor living is highlighted by a covered deck perfect for enjoying the fresh mountain air, elk and deer sightings, and peaceful surroundings. The nearly one-acre lot provides space, privacy, and a true mountain retreat feel. Conveniently located near Cloudcroft’s shops, dining, skiing, hiking, and outdoor recreation, the property offers both seclusion and accessibility. Whether you’re looking for a primary residence, vacation home, or income-producing investment, this property delivers flexibility with a proven rental history already in place.

54 Wimsatt Loop, Cloudcroft

$429,000
4 Beds 3 Baths 172813 MLS
This Beautifully Maintained 4 Bedroom , 3 Bath Home Is A Rare Find, Offering Exceptional Space, Functionality, Privacy And Solar. Situated At The End Of A Quiet Cul-De-Sac On Nearly Half An Acre, This Property Provides The Perfect Blend Of Comfort And Room To Spread Out. Inside You'll Find A Thoughtfully Designed Layout Featuring A Dedicated Office Space With A Built In Desk, Ideal For Working From Home. The Custom Kitchen Is A Standout With Solid Surface Countertops, Beautifully Crafted Cabinetry, And A Large Pantry For Ample Storage. The Kitchen Is Outfitted With A Full Stainless Appliance Package Which Includes Fridge, Electric Built in Double Ovens, Built In Gas Cook Top With Over The Cooktop Microwave And Built In Dishwasher. The Primary Master Suite Offers A Relaxing Retreat, Complete With Double Sinks . A Walk In Tub, And An Oversized Walk in Closet. One Of The Most Unique Features Is The Enclosed Patio, Fully Equipped With Heating And Cooling, Creating A Stunning Sunroom You Can Enjoy Year-Round. Car Enthusiasts And Hobbyists Will Appreciate The Unmatched Garage Space This Property Offers! This Home Boasts An Attached 3 Car Garage PLUS A 30 X 32 Detached 2 Car Garage Which Includes It's Own Office And Bathroom, Totaling An Impressive 5-Car Capacity. There's Plenty Of Room For All Your Vehicles, RV'S, Watercraft and Toys ! The Immaculate , Low Maintenance Yard Adds To The Home's Appeal, Offering Beauty Without The Up-Keep. Homes With This Combination Of Space, Amenities, And Versatility Are Rarely Available.....This Property Is Truly A Gem And A Must See!

2438 Saguaro LP, Alamogordo

$450,000
4 Beds 3 Baths 172733 MLS
Stunning Canyon Hills Retreat with Unmatched Views on 1.4 Acres Experience mountain living, privacy, and panoramic views—all just minutes from the conveniences of Alamogordo. Located in the highly desirable Canyon Hills subdivision, 1431 Melanie Lane is perched on the foothills and offers breathtaking 360-degree views of White Sands, the surrounding mountain ranges, and the Tularosa Basin. This unique two-story home combines privacy, space, and incredible natural beauty, making it a true Southwest gem. Enter through the enclosed front patio into the welcoming living room, where expansive windows perfectly frame the spectacular scenery. A beautiful fireplace serves as the focal point of the room, creating a warm and inviting atmosphere. The living area flows seamlessly into the dining room and kitchen, which features an induction cooktop, refrigerator, dishwasher, and ample counter space for cooking and entertaining. A separate family room provides additional living space and offers direct access to the incredible covered patio that spans the entire west side of the home. This expansive outdoor living area is also accessible from the living room, a guest bedroom, and the primary suite, allowing you to fully enjoy the stunning views and peaceful surroundings. The spacious primary suite serves as a private retreat with its own en-suite bathroom. Two additional guest bedrooms and a full hall bathroom are located on the main level. Downstairs, you'll find exceptional flexibility with a versatile bonus room currently being used as a fourth bedroom, an impressive office/library, a bathroom with a shower, and a large open area that could serve as additional living space, a game room, home gym, or hobby area. A separate storage room provides even more functionality. One of the property's standout features is the impressive workshop located on the north side of the home. Complete with its own half bath, abundant electrical outlets, and ample workspace, it could easily serve as a workshop, studio, hobby space, or additional garage. The property offers abundant parking, including space for RVs, trailers, and recreational vehicles. Outdoor enthusiasts will appreciate the property's proximity to public lands, wildlife, hiking opportunities, and endless adventures right outside the door. Whether you're enjoying spectacular sunrises over White Sands, watching the sunset paint the mountains, or taking in the sparkling city lights below, this exceptional home covers it all.

1431 Melanie LN, Alamogordo

$469,000
3 Beds 2 Baths 172688 MLS
Surrounded by towering aspens and cool pines, this beautifully updated Cloudcroft mountain retreat offers the perfect blend of comfort, style, and mountain living. Renovated in 2019 with updated plumbing, electrical systems, and hardie board siding. The home features an open-concept main living area with durable luxury vinyl plank flooring, creating a welcoming space to gather after a day of exploring the Sacramento Mountains. The spacious kitchen is designed for both everyday living and entertaining, showcasing granite countertops, stainless steel appliances, abundant workspace, and a dining area large enough for family dinners or holiday gatherings. A convenient half bath on the main level adds functionality for guests. Step outside to enjoy the fresh mountain air from multiple outdoor living spaces, including open decks and a generous back patio—ideal for summer barbecues, morning coffee, or relaxing beneath the stars. Upstairs, two spacious guest bedrooms share a full bath, providing comfortable accommodations for family and visitors alike. The lower level is dedicated to a private primary suite complete with an adjoining full bath and a versatile sitting room that can serve as a reading nook, home office, hobby space, or sun-filled retreat. Whether you're searching for a full-time residence, vacation getaway, or investment property, this mountain home offers a peaceful setting, modern updates, and the relaxed lifestyle that makes Cloudcroft so special. Most furnishings will convey with an acceptable offer, allowing you to start enjoying your mountain escape from day one. While there is currently no AC in the home, it does have the ducting in place to add AC to the home per the seller. Be sure to explore the 3D virtual tour and schedule your private showing today! https://my.matterport.com/show/?m=wj4fDHz6gWz&mls=1

500 Chautauqua Canyon Blvd, Cloudcroft

$438,900
4 Beds 2 Baths 172660 MLS
Stunning Mesa Village home with incredible mountain views, modern finishes, and cozy speakeasy-inspired warm vibes throughout. Welcome to 3446 Escondido Dr in Alamogordo, NM — a beautifully maintained 4-bedroom, 2.5-bath home that perfectly blends style, space, and inviting character. From the moment you step inside, you’ll feel the warm, comfortable atmosphere paired with an open-concept design that’s ideal for both everyday living and entertaining. The spacious living area flows seamlessly into a stylish kitchen featuring granite countertops, stainless steel appliances, and a large island perfect for gathering with family and friends. Rich tones, welcoming spaces, and subtle speakeasy-style warmth give this home a unique charm and elevated vibes that truly stand out. The split-bedroom layout offers added privacy, while the generous primary suite creates a relaxing retreat at the end of the day. Additional bedrooms provide flexibility for guests, hobbies, or a home office. This home also features ceramic-coated window tint throughout, helping improve energy efficiency and keep the home cooler and more comfortable year-round. Step outside and enjoy breathtaking mountain views, a covered patio, and approximately 1,400 square feet of turf in the backyard, creating a beautiful low-maintenance outdoor space perfect for relaxing, entertaining, pets, or play. Whether you’re hosting friends or enjoying a quiet evening under the New Mexico sky, this home delivers the perfect blend of modern comfort and cozy speakeasy-inspired vibes. A 2-car garage adds extra convenience and storage to complete the package.

3446 ESCONDIDO DR., Alamogordo

$449,000
2 Beds 1 Baths 172563 MLS
Escape to the mountains and discover the kind of quiet that’s hard to find and even harder to leave. Set on just over 2 acres, this inviting cabin offers a peaceful retreat where cool summer temperatures, sweeping views, and frequent wildlife sightings become part of your everyday experience—and the views truly steal the show. Fully remodeled and beautifully designed, this 2 bedroom, 1 1/4 bath home blends timeless cabin character with fresh, modern updates throughout. Inside, the open-concept great room welcomes you with vaulted ceilings, warm rustic wood accents, and stylish finishes that feel both elevated and comfortable. A wood-burning, forced air fireplace anchors the space, creating an ideal setting for cozy evenings after a day spent outdoors. Extensive upgrades provide both peace of mind and everyday convenience, including new flooring, updated plumbing and electrical systems, a new roof and gutters, updated cooktop and appliances, energy-efficient mini-split systems, and more. A short stairway leads to the upper-level bedrooms, offering a sense of separation while maintaining the home’s open, airy feel. The primary bedroom includes a convenient sink/vanity area, adding functionality and ease to your daily routine. Step outside and take full advantage of mountain living with both a spacious upper deck—perfect for taking in those incredible views—and a lower covered deck for shaded relaxation or entertaining in any season. The property offers ample parking and includes a crawl space for additional storage, making it as practical as it is picturesque. Served by association water for added convenience. Offered mostly furnished with an acceptable offer, this turn-key mountain retreat is ready for you to arrive and start enjoying from day one—whether as a full-time residence, weekend escape, or investment opportunity.

46 Wimsatt Loop, Cloudcroft

$419,000
3 Beds 3 Baths 172546 MLS
Welcome to a rare find in the heart of the Village of Cloudcroft — a beautifully situated single-level home on the “sunny side” of the mountain, where natural light and warmth are enjoyed year-round. This spacious 3-bedroom, 3-bath home offers comfortable, easy living with a true single-level layout and only a few steps to enter the home, a highly desirable and hard-to-find feature in the Village. Inside, you’ll find a welcoming living room perfect for relaxing evenings, along with a generously sized kitchen that provides ample space for cooking, gathering, and entertaining. A dedicated laundry room and additional storage area/breeze way the length of the house is attached to the back of the home and adds everyday functionality and convenience. Set on a nice lot with extra parking, this property offers both practicality and charm. Step outside to the inviting deck, where you can take in breathtaking views and unwind as the vibrant evening sunsets paint the sky over the Tularosa Basin. The yard features a mature apple tree and attracts local wildlife, creating a peaceful mountain retreat right at home. Enjoy the best of mountain living with the added convenience of being just a short distance from village amenities — including local restaurants, quaint shops, and the grocery store — making it easy to experience everything Cloudcroft has to offer while still enjoying privacy and tranquility. Whether you’re looking for a full-time residence, second home, or investment opportunity, this property delivers the perfect blend of accessibility, scenery, and classic Cloudcroft charm — all in a location that’s hard to beat. Schedule your showing today and don’t forget to check out the 3D Virtual Tour. copy and paste link - https://my.matterport.com/show/?m=gsKDWsuvkCo&mls=1

1008 Victoria Ave, Cloudcroft

$475,000
4 Beds 3 Baths 172364 MLS
Discover the ultimate mountain lifestyle in this expansive 2674 sq. ft., 4-bedroom, 3.75 bath retreat located within the highly sought-after gated community of Cloud Country Estates. Located just minutes out of Cloudcroft, this mountain home is designed for relaxation and entertaining, spanning three levels of comfort. With one bedroom on the main entry level, 2 bedrooms upstairs and another bedroom on the lower level, privacy is easy to find. As you walk through the home, you'll notice that the home is beautifully decorated and almost all wall decor and furnishings are included! The main floor living room boasts a rustic decorative rock front wood burning fireplace and an amazing elk antler chandelier. The kitchen is spacious with a separate dining area as well as a bar for even more room. In the hallway is a laundry room all set up with a washer, dryer and plenty of storage. Walk upstairs to the main bedroom with a decorative bathroom and a generous walk-in closet with plenty of room for clothing and more! An additional bath located just down the hall features a relaxing soaker tub perfect for unwinding from the day. The lower level is a true getaway featuring a secluded, cozy bedroom accessed by a stunning spiral staircase. Just outside of the bedroom is a sitting area with a convenient wet bar, a bathroom and a spacious game room (pool table is included!) Step outside from the lower level onto a massive Trex deck to enjoy the fresh mountain air and amazing views including deer, elk, turkey and more. Relax while you let your furry friends roam safely in the private, fenced in grassy area. The home comes with peace of mind, featuring a full-home Generac generator, a 2-car detached garage to store your vehicles, side-by-side or use it as a hobby or work area. The home comes almost fully furnished-just bring your suitcase! Cloud Country Estates is a beautiful, well-maintained community offering a secure gated entrance, a pool, tennis/pickleball courts, a stocked fishing pond and a party barn available for your events and parties. Don't miss this incredible deal for a home of this size and location. Call for your showing today!

49 Aspen, Mayhill

$467,200
3 Beds 2 Baths 172171 MLS
Experience true Southwest charm in this beautifully maintained Santa Fe style home, offering 1,996 sq ft of thoughtfully designed living space on an expansive 10.173-acre property with breathtaking views in every direction. Built in 2011 and exceptionally well maintained, this 3-bedroom, 2-bath home features a desirable split floor plan that provides added privacy, with the primary suite thoughtfully separated from the additional bedrooms. Soaring vaulted ceilings create an open, airy feel throughout the main living areas, while the inviting living room is anchored by a cozy gas fireplace that turns on effortlessly with the flip of a switch; perfect for adding warmth and ambiance on cooler evenings. The interior is nicely finished with tile flooring in the main living spaces, comfortable carpet in select bedrooms, and laminate flooring in the spacious primary suite. The kitchen is both stylish and functional, showcasing granite countertops and ample workspace, making it ideal for everyday living or entertaining. The primary bathroom offers a relaxing retreat with double sinks and a jetted soaking tub, providing both convenience and comfort. Recent improvements add even more value and peace of mind, including a newer roof and a newly installed gravel driveway. The home includes an attached 2-car garage. In addition, a newly built carport provides extra covered parking or space for vehicles and equipment. Outdoor features complement the home’s classic Santa Fe aesthetic, with rock and rebar fencing accents enhancing the property’s character. Surrounded by wide-open skies and gorgeous panoramic views in every direction, this property offers the perfect blend of privacy, comfort, and Southwestern beauty. If you’re looking for space, quality, and scenery in a well-cared-for home, this one truly delivers.

577 Riata RD, Tularosa

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